Many countries are trying to regulate Bitcoin by Government laws.its because of bitcoins revolution spreading worldwide too fast.some countries already starting to build a regulation system for Bitcoin transaction.Everyday lots of new investors are joining with digital currency world and starting to grow their business on crypto world.whats your thinking about bitcoin Regulation system. Is it will be a wise decision and positive for bitcoin future or it will destroy bitcoin bright future.
Regulating Bitcoin will basically just revolve around making sure that governments get their tax money from it, and most of the time that'll just be whenever there is a transaction that involves a good or a service using Bitcoin, or the direct exchange of fiat for Bitcoin. As long as they're getting their tax money they'll be happy and there's nothing more they will really be intent on doing.
It all comes down to the taxes these days. Just maintain the output and keep having payments come in from the tax base and you'll be golden, speaking from a country's perspective.